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Learn how to execute trades just like expert crypto traders with the MT4 copy trading platform. Successful traders can also use it to earn extra income.

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If you're a seasoned trader, you may have heard of the exploits of the MT4 team — and how MetaTrader 4 has changed the way people trade financial markets. In this article, we’ll show you another equally innovative aspect of MT4 known as copy trading.

MT4 copy trading lets users automatically trade financial instruments in their respective MetaTrader 4 accounts by copying the signals of other successful traders.

The concept of copy trading is nothing new. For years, traders have used MT4 to trade all kinds of financial assets.

Since its inception in 2005, MetaTrader 4 has been a wildly popular platform among the trading community because of its user-friendly interface, innovative trading features, automation and streamlined operations.

The recent integration of cryptocurrencies, CFDs and commodities on the MT4 platform has given traders a new lifeline. Now, you can easily copy winning strategies to trade your favorite financial asset.

It's easy to put MetaTrader 4 to work for you, 24/7. There are no complicated setups, nor a lengthy learning curve. In addition, it's a lot of fun because copy trading on MetaTrader 4 is suited to both new and existing crypto traders.

Before diving into the mechanics of copy trading on MT4, let's take a quick look at how copy trading evolved.

In the early days of the internet, it was common for experienced traders to send trading signals to their followers. Based on the details sent to them, people would place such trades with their respective financial brokers.

As the technology progressed, trade signals gave way to mirror trading, which enabled traders to mimic trading strategies. While mirror trading offers automated trading, it's a bit restrictive because traders can't change parameters, and must follow trading strategies in their entirety.

MT4 copy trading has changed all that. Using the MT4 platform, you can easily follow a trading strategy and define your own trading parameters. In this new setup, it's easy to change parameters such as the number of trading lots, stop-loss, profit margins, and more. MetaTrader 4 has taken copy trading to an entirely new level.

If you love to trade, MT4 copy trading has made it easier than ever to generate profits. All you need to do is to register for an MT4 account with an exchange like 

, fund the account, subscribe to your favorite signal provider, and define your trading parameters.

Copy trading on the MT4 platform offers multiple signal providers to choose from. Unlike in the old days, you can easily visualize the entire trade history and performance chart of an expert. What’s more, the level of transparency does away with marketing gimmicks and false promises.

MetaTrader 4 also gives you a safe environment to manage your assets. You can change the trade parameters on the fly without risking your portfolio.

If you're worried about your internet connection or you've set up trailing stops, there's an option to buy a 

 for a low monthly cost. The VPS ensures that your system continues to run on the back end so that you won’t miss an opportunity to gain from an existing market trend.

Let's face it, not everyone can trade. Psychological constraints and lack of discipline can be counterproductive to crypto trading. Therefore, MT4 copy trading provides the perfect opportunity to overcome such limitations. Anyone, irrespective of their crypto trading experience, can become a successful investor by letting expert crypto traders take care of formalities.

Most of all, MT4 copy trading saves you time. You don't need to sit in front of a trading terminal watching the crypto market’s every move. When it matters most, let an expert make important decisions on your behalf. Ideally, you only need to manage your portfolio by setting up trade parameters according to your risk appetite.

MT4 copy trading serves the needs of both novice and professional crypto traders. Here’s how it can help you stay ahead of the curve.

 and love investing in the crypto market, copy trades on the MT4 platform can offer you the following benefits:

If you can't seem to gain traction when trading, sit back and give MT4 copy trading a chance. Here's how it can help existing crypto traders.

MT4 offers hundreds of copy trading signals from some of the best professional traders in the world.

Some of these strategies have also proven extremely successful in the constantly changing crypto environment, letting you successfully ride the ups and downs of an ever-changing crypto market. If this is your first time using the MT4 crypto trading platform, it's recommended you try a free strategy before subscribing to a paid one.

Follow the steps below to use MT4 copy trading in your account.

. You’ll receive a confirmation email containing the login and password to your MT4 platform.

Download the MT4 platform. After downloading the file, you’ll be prompted to register for an 

 account. Using the MQL5 service, you can add new signal providers to your MT4 account in the future.

 section at the bottom of the MT4 platform.

Choose an appropriate provider from the list to add to the chart. For easy viewing, expand the section to view trade statistics. You can also use the scroll bar on the right side to reveal additional providers.

Select a paid or free crypto trading strategy from the list. To test-drive the platform, you may also subscribe to a free strategy on a 

 button will let you select trade parameters from the pop-up screen. If this is your first time using MT4 copy trades, it’s preferable to use the default settings. Experienced crypto traders can use the pop-up screen to set trade parameters, according to their risk appetite.

After subscribing, you can view trade stats of the strategy you’ve subscribed to by clicking on the 

 You can easily unsubscribe from a strategy by clicking on its name and selecting 

If this seems a little daunting, always use the demo account before trying the real version.

MT4 offers everyone a chance to become a signal provider. There are no prerequisites to joining this exclusive club. Everyone is welcome, but your crypto trading history is what will make you stand out from other providers. The system will rate your strategy using a proprietary ranking criterion, giving you maximum exposure depending on the results.

If you think you can trade profitably, it's time to build your crypto trading portfolio on MT4 and acquire followers. The platform will display your trades and performance history to the entire world. This is a great opportunity to earn income based on subscriptions.

If you’re interested, just follow the steps below.

 The easiest method for becoming a signal provider is to register through your MT4 account. Once you've uploaded the platform, right-click on your account number in the navigator panel to start the registration process.

 The subsequent screen will take you to a signup page, where you can fill in your profile.

 After agreeing to the terms, a screen will appear asking you for an SMS code. Type in the SMS code that you’ve received on your mobile phone.

 At this time, your request will be dispatched to a moderator. Once approved, you’ll get a confirmation message on your mobile. Finally, you can log in to an 

 Fill in the form to create your signal. Your performance will show on the list of signals. Once you’re listed, traders can find you and subscribe to your trading strategy. As you progress through the ranks, MetaQuotes will give the system additional exposure and visibility.

MetaTrader 4 has given traders the power to manage their copy trades without only relying on an expert. Unlike other platforms, you can actively manage copy trades on the fly. It's a big step in the right direction, and it's already changing the way many people copy trade.

MT4 Copy Trading: Execute Trades Like an Expert

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